The World Bank predicts that energy prices will increase by 32% in 2026 and decrease by 12% in 2027. Commodity prices will rise by 23% in 2026 and reach the second highest level since 2013, the World Bank (WB) predicts. "The conflict in the Middle East has depleted oil reserves and is sure to push energy prices to a four-year high," he said in a press release accompanying the commodity markets forecast. "Meanwhile, disruptions in grain supply and El Niño pose a threat to crops and food availability. ".